Tanya Ashreena
Tanya is the former chief finance reporter at PW covering all topics within the sector including mergers, acquisitions and property funds
OnlineStage Capital completes exits of businesses worth over €350m
Stage Capital has completed the sale of three assets worth a total of more than €350m (£311.4m).
OnlineTH Real Estate raises additional €422m for European Cities Fund
TH Real Estate has raised an additional €422m (£371.7m) for its European Cities Fund from five international investors.
OnlinePound rallies as markets await BoE meeting
Sterling rallied to $1.33 against the dollar on Wednesday, ahead of the Bank of England’s interest rate announcement on Thursday.
OnlineIntu sells 50% interest in Chapelfield centre for £148m
Intu has announced the sale of a 50% stake in its Chapelfield shopping centre in Norwich for £148m alongside a trading update showing steady occupancy levels and rising footfall.
NewsLondon still out of favour due to Brexit
London has ranked among the European cities with the worst outlook for 2018 in a survey of more than 800 real estate professionals.
OnlineCarillion dips despite asset sell-off
Shares in Carillion were down 1.09% on Tuesday, despite disposing of its shares in two property businesses - Ask Real Estate and Ask Carillion Developments - for £13.8m.
OnlineHousebuilders dip on Barclays’ downgrades
Housebuilders fell on Monday after Barclays downgraded stocks stating “expectations of further government measures could be overblown.”
OnlineThe WEEK AHEAD: Lok’n Store Group to reveal full-year results
Lok’n Store Group will reveal its final year results on this morning.
OnlineAltitude wins planning approval for schemes worth total of £170m
Altitude Real Estate has received planning consent for a mixed use scheme from the Tunbridge Wells Borough Council for a new £80m development on the site of the former ABC Cinema.
OnlineRedefine International’s shares fall
Shares in Redefine International fell 0.54% on Thursday despite revealing a 3.5% increase in EPRA NAV per share to 41.4p in its full year results to 31 August.
OnlineHoward de Walden Estate portfolio grows to £4.2bn
The value of the Howard de Walden Estate portfolio rose by 7.4% to £4.2bn in the year to March 31, compared with £3.9bn last year.
OnlineJV formed for regeneration of Cambuslang
A new joint venture between Dawn Homes and the Housing Growth Partnership (HGP) will embark on the development of 300 homes on the site of the former Hoover manufacturing plant in Cambuslang, which closed in 2004 with the loss of 260 local jobs.
OnlineRedefine International’s EPRA NAV rises
Redefine International reported a 3.5% increase in EPRA NAV per share to 41.4p in full year results to 31 August.
OnlineSupermarket Income REIT to acquire £50m Scotland asset
Supermarket Income REIT has announced a share placing to help fund the purchase of an asset in central Scotland for £50m, reflecting a net initial yield of 5.3%.
OnlineRising sterling weighs on FTSE 100
The FTSE 100 was down 1.05% to 7,447.21 points on Wednesday, as a stronger pound weighed on the index.
OnlineBritish Land wins planning approval for hotel in Paddington
British Land has won planning consent for the conversion of an existing office building in Paddington into a hotel providing 180 to 200 rooms.
OnlineWhitbread’s shares hit as costs rise
Shares in Whitbread fell 4.79% on Tuesday after the company reported rising costs hitting its Costa Coffee chain in the UK.
OnlineL&G completes £1.1bn of real asset disposals in 2017 to date
Legal & General’s principal balance sheet businesses, Legal & General Capital and Legal & General Retirement have completed a record £1.1bn of real asset disposals in 2017 to date, of which around £1bn has been to international investors.
OnlineStandard Life Investments begins £80m spec office redevelopment
The Standard Life Investments Pooled Property Pension Fund has started its £80m speculative redevelopment of the Grade II listed Farmiloe building in London’s Farringdon.
OnlineMayfair Capital fund completes £33.1m of acquisitions
Mayfair Capital Property Unit Trust (MCPUT) has acquired £33.1m in assets, taking the fund’s net asset value to approximately £340m.
